New to forex, can you help please?

Discussion in 'Newbie Questions' started by tezmay, Dec 13, 2011.

  1. Fxpipper

    Fxpipper Master Trader

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    On price action, there's tonnes of free info on the same so check out the same. Do the research and the key, review, learn and research more. Good luck!
     
  2. myfxpt

    myfxpt Master Trader

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    Do you have experience trading other markets? i.e. futures, options, shares, etc? Or are you a complete beginner? This is a treacherous place for the complete beginner!!! Get lots and lots of demo trading experience, study other "successful" traders' strategies, get a grip on money management, and when you do invest real money try a "cent" account to gain "real" experience. Good luck!
     
  3. krecex

    krecex Trader

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    Just ensure that you have absorb plenty of trading knowledge, and have practice enough with demo account. If you still losing while practicing with demo account. Keep learning, and ensure yourself that you are able to minimize the lost before opening live account.
     
  4. ray987

    ray987 Trader

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    Use a demo account until you become profitable. Dont use EA's. They dont work.
     
  5. tabalo

    tabalo Confirmed HotForex Representative

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    Earnforex has Forex brokers sections and their filters were very good, you can visit there to get a good broker for you to trade :)
     
  6. krecex

    krecex Trader

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    Yap, but we need to check on forums as well because, sometimes the site is late for filtering those broker. Traders can get information fast than the site.
     
  7. Yasmein

    Yasmein Trader

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    Does anyone know any other Social trading platform with an asset management license like the xSocial from xStation?
     
  8. Fxpipper

    Fxpipper Master Trader

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    Well, most of the brokers as vetted by the forum is often based on reviews posted by other traders..and a few independent checks. Given this, it takes time for any forum/website to track individual brokerages, and rate them accordingly.
    So yes, you may want to review the forum but most of the opinions posted here and others are just opinions..whereas the broker ratings are based on actual performances or so we are made to think..lol
     
  9. adiljaango

    adiljaango Trader

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    hey! every one training for trading its not a easy job..first of all you take a mini information for trading..just like a forex blogs,websites,nd next you demo account trade using.so you earn profit or loss.
     
  10. shun.forex

    shun.forex Trader

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    if your a newbie you can try this site for more about forex.
     
  11. Fxpipper

    Fxpipper Master Trader

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    Just remember, when it comes to forex, you need to put in the time, work and effort..good luck!
     
  12. Rambo35

    Rambo35 Confirmed PaxForex Representative

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    +1 on that. A lot of time, work and effort if you want to succeed. You will need to have plenty of discipline and patience, but the hard work and effort will pay off in the long-run.
     
  13. mumuy

    mumuy Active Trader

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    Yeah, I agree you really need a lot of patience and discipline to knack this...
     
  14. trademanagerpro

    trademanagerpro Trader

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    Not tips but i hope it will be helpful to you.You should have knowledge about what does technical and fundamental analysis mean and you have to study on forex.
     
  15. michael77

    michael77 Trader

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    Just forget strategy at this time. I would like to suggest you to learn Forex trading and observe this market closely. One day you would find out your own strategy. Don't trade on your own assumption. Try to find out what market is saying. Lastly, don't trade on someone else advice.
     
  16. jlangeles

    jlangeles Trader

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    Try many strategies, the best is the one that you can dominate while making money, of course, do it in a demo, this will boost your forex knowledge.
     
  17. Fxpipper

    Fxpipper Master Trader

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    Any updates? Hope the poster gets back with some updates on the progress so far..and that they have moved to live account by now..
    Do share your experience,
     
  18. miles

    miles Banned

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    Leaning is a good way to start forex and you may as well go through any forex website, search for educational page and study every area of forex. You would also be using demo account for practice to learn more about the forex market. My broker do offer demo account for their clients and they have 24hours online support to help you in your trading strategies.
     
  19. Aby123

    Aby123 Active Trader

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    study and apply what you have learned.
     
  20. Fxpipper

    Fxpipper Master Trader

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    Feel free to check online for free trading info, resources. There are a few YT videos, from pro traders but rememebr, most of the clips are just a form of sales pitch for a paid forex course. That being said, there are a few good free YT trading clips from pro traders with real good inedepth info on everything from PA to trading on news makers..
     

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